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Director Dealing

18 Jan 2016 07:00

RNS Number : 1102M
ULS Technology PLC
18 January 2016
 

ULS Technology plc

("ULS", the "Company" or the "Group")

 

Director Dealing

 

ULS Technology plc, the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, announces that it was informed on 15 January 2016 that on that date, Mr Nigel Hoath, non-executive director, sold 10,000,000 ordinary shares of 0.4p each in the Company ("Share(s)") at a price of 45p per Share. Following this transaction, Mr Hoath's holding in the Company is 7,628,414 Shares, which represent approximately 11.8 per cent of the Company's issued share capital. Mr Hoath has sold these shares to fund property investment opportunities. He remains a fully supportive member of the board and has confirmed that he will not be seeking to sell any further shares for at least six months.

 

In addition, the Company announces that it was informed on 15 January 2016 that on that date, Mr Peter Opperman, chairman, purchased 45,000 Shares at a price of 45p per Share. Following this transaction, Mr Opperman's holding in the Company is 2,704,625 Shares, which represent approximately 4.2 per cent of the Company's issued share capital.

 

In addition, the Company announces that it was informed on 15 January 2016 that on that date, Mr Geoff Wicks, non-executive director, purchased 22,000 Shares at a price of 45p per Share. Following this transaction, Mr Wicks' holding in the Company is 52,000 Shares, which represent approximately 0.1 per cent of the Company's issued share capital.

 

 

Enquiries:

ULS Technology plc

Tel: 01844 262392

Peter Opperman, Chairman

 

Ben Thompson, CEO

 

John Williams, Finance Director

 

Numis Securities Limited (Nomad & Broker)

Tel: 0207 260 1000

Stuart Skinner / Paul Gillam, Corporate Advisory

 

James Serjeant, Corporate Broking

 

Walbrook PR Limited 

ulsgroup@walbrookpr.com or Tel: 020 7933 8780

Paul Cornelius

Mob: 07866 384 707

Helen Cresswell

Mob: 07841 917 679

   

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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